PT Centratama Telekomunikasi Indonesia Tbk (CENT) plans to postpone implementing the limited public offering IV to increase capital through a rights issue.

"The company and major shareholders decided to postpone the process of implementing the limited public offering plan. We consider the opportunities and funding alternatives available for the development and growth of the company's business, so that the company can achieve maximum results," said the President Director of CENT Yan Raymond Jafri in the IDX disclosure on Tuesday. (27/4).

Furthermore, the company will re-evaluate the PUT IV plan in the second semester of this year.

"The Company understands that in terms of continuing this LPO IV plan based on the approval of the Extraordinary General Meeting of Shareholders on March 15, 2021, in accordance with OJK regulations, the company ensures that the effective date of the LPO IV registration statement will not be more than 12 mont